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Cake Monster is a unique and elastic DeFi protocol on the BNB Chain that introduces a new form of monetary policy. It is a Hyper-Deflationary and Dividend-Yielding asset with a hybrid monetary policy. The intrinsic value of the MONSTA token is backed by non-correlated asset vault reserves such as BNB and CAKE. These reserves are used to reward holders at the end of each two-year cycle. As transactions occur, the total token supply decreases while the non-correlated claimable backing value increases. This creates an interesting balance between future and current demand mechanisms through Staking. MONSTA aims to combine sustainability, dividend yield, and reward generation with cute memes, NFTs, and gamification. The project also focuses on organic growth and upgradability of smart contracts to contribute to its quality and longevity. For more information, visit [https://docs.cake.monster](https://docs.cake.monster) and check out the whitepaper at [https://cake.monster/whitepaper](https://cake.monster/whitepaper).

Issue Time
1970/01/01
Initial Price
US $ 0.00006181
Circulation/Max
0/10.00B
Dominance
0.00%
ROI+ 24.54%
$0.00006181$0.03409729
Low · 2023/08/222023/08/22 · High

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